-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter growth in gross value added (GVA) in 2016-17 declining to 5.6%...
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GDP flop-show: Manmohan Singh has the last laugh in war of words with Narendra Modi over note ban -Dinesh Unnikrishnan
-Firstpost.com If one purely compare the January-March quarter GDP growth of fiscal year 2017 and fiscal year 2016, former Prime Minister Manmohan Singh’s prediction that demonetisation will shave off 2 percentage points of India’s GDP has come true. In the January-March quarter of FY16, GDP grew by 9 percent, which has come down to 6.1 percent in the corresponding quarter this year— a near 3 percentage point difference. Even the full...
More »A New Agrarian Season, but an Old and Futile Question for the Indian Farmer -Jaideep Hardikar
-TheWire.in Farmers are once again wondering which crop will fetch them guaranteed good returns. Nagpur: What do you grow on your farm in the coming season that will fetch you good returns? This is a question millions of peasant farmers, particularly those with small holdings and no protective irrigation, are likely to ask themselves this month, possibly with no answers. They’ll go back to what they have been growing on their fields thus far,...
More »Toiling for a toilet -Yardain Amron
-The Hindu While sanitation schemes in India date back to the British Raj, Swachh Bharat Mission (SBM) is the latest and by far most ambitious iteration. Launched by India’s Prime Minister Narendra Modi at the end of 2014, the Rs.9,000-crore scheme aims to achieve an Open Defecation-Free (ODF) India by constructing 12 million rural household toilets across the country before October 2, 2019 — to coincide with Mahatma Gandhi’s 150th birthday. But...
More »Arun Jaitley just tripped over his own feet by admitting economy wasn't healthy when govt launched note ban -Dinesh Unnikrishnan
-Firstpost.com “What you think is very clear, is not very clear,” told union finance minister Arun Jaitley to a reporter at a Delhi presser on Thursday called to take stock of Modi government’s 3-year performance. The reporter was asking about the impact of demonetisation on the GDP citing the sharp decline (6.1 percent) in the Jan-Mar quarter. Jaitley played down the impact of demonetisation saying it wasn’t the primary reason for...
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